Jiangxi Black Cat Carbon Black - Asset Resilience Ratio

Latest as of December 2023: -0.08%

Jiangxi Black Cat Carbon Black (002068) has an Asset Resilience Ratio of -0.08% as of December 2023. The Asset Resilience Ratio measures the percentage of a company's total assets that are held in liquid form (cash and short-term investments). This metric indicates how well-positioned the company is to handle unexpected financial challenges, economic downturns, or strategic opportunities without requiring external financing. Read 002068 total debt and obligations for a breakdown of total debt and financial obligations.

Liquid Assets

CN¥-6.01 Million
≈ $-878.83K USD Cash + Short-term Investments

Total Assets

CN¥7.94 Billion
≈ $1.16 Billion USD All company assets

Resilience Assessment

Low
Financial Resilience Level

Asset Resilience Ratio Trend (2004–2020)

This chart shows how Jiangxi Black Cat Carbon Black's Asset Resilience Ratio has changed over time. See 002068 net asset value for net asset value and shareholders' equity analysis.

Liquid Assets Composition Over Time

This chart breaks down Jiangxi Black Cat Carbon Black's liquid assets into cash & equivalents and short-term investments, showing how the composition has evolved over time. For market capitalisation and broader financial context, see 002068 company net worth.

Current Liquid Assets Breakdown

Component Amount % of Total Assets
Cash & Equivalents CN¥0.00 0%
Short-term Investments CN¥-6.01 Million -0.08%
Total Liquid Assets CN¥-6.01 Million -0.08%

Asset Resilience Insights

  • Limited Liquidity: Jiangxi Black Cat Carbon Black maintains only -0.08% of assets in liquid form.
  • This low level may indicate efficient asset utilization but could pose risks during economic downturns.
  • The company primarily holds liquidity in cash and equivalents rather than short-term investments.

Jiangxi Black Cat Carbon Black Industry Peers by Asset Resilience Ratio

Compare Jiangxi Black Cat Carbon Black's asset resilience ratio with other companies in the same industry.

Company Industry Asset Resilience Ratio
AKZO NOBEL SPONS.ADRS 1/3
F:AKUP
Specialty Chemicals 2.16%
Akzo Nobel NV
AS:AKZA
Specialty Chemicals 2.16%
Jiangsu Nata Opto Electr Material
SHE:300346
Specialty Chemicals 23.47%
Huaibei Mining Holdings Co Ltd
SHG:600985
Specialty Chemicals 2.33%
Incitec Pivot Ltd
AU:IPL
Specialty Chemicals 0.03%
Wankai New Materials Co. Ltd.
SHE:301216
Specialty Chemicals 1.59%
5N Plus Inc.
TO:VNP
Specialty Chemicals 11.34%
Longkou Union Chemical Co. Ltd. A
SHE:301209
Specialty Chemicals 21.72%

Annual Asset Resilience Ratio for Jiangxi Black Cat Carbon Black (2004–2020)

The table below shows the annual Asset Resilience Ratio data for Jiangxi Black Cat Carbon Black.

Year Asset Resilience Ratio (%) Liquid Assets Total Assets Change
2020-12-31 0.30% CN¥20.70 Million
≈ $3.03 Million
CN¥6.93 Billion
≈ $1.01 Billion
+0.26pp
2006-12-31 0.04% CN¥550.00K
≈ $80.48K
CN¥1.28 Billion
≈ $187.61 Million
+0.04pp
2005-12-31 0.01% CN¥48.30K
≈ $7.07K
CN¥874.78 Million
≈ $128.01 Million
0.00pp
2004-12-31 0.01% CN¥49.44K
≈ $7.23K
CN¥714.32 Million
≈ $104.53 Million
--
pp = percentage points

About Jiangxi Black Cat Carbon Black

SHE:002068 China Specialty Chemicals
Market Cap
$1.02 Billion
CN¥6.99 Billion CNY
Market Cap Rank
#9011 Global
#2403 in China
Share Price
CN¥9.51
Change (1 day)
+6.14%
52-Week Range
CN¥8.19 - CN¥12.70
All Time High
CN¥22.90
About

Jiangxi Black Cat Carbon Black Inc.,Ltd, together with its subsidiaries, manufactures and sells carbon black products in China. It operates through Carbon Black, Tar Refining, and Other divisions. The company offers carbon black for rubber, special carbon black, green carbon black, precipitated and fumed silica, and chemical products; and tar refining and white carbon black products. It is also i… Read more